There is rising concern among Nigerian business owners as Meta Platforms, the parent company of Facebook and Instagram, has threatened to leave the country over a fine dispute. Experts in …
Digital Economy
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BusinessBusiness InsightsDigital EconomyMarketsNigeriaTechnology
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Digital EconomyGOVERNMENTNigeriaSecurityTechnologyTrade and Commerce
Galaxy Backbone, Nigeria Customs Service Explore Strategic ICT Collaboration
Galaxy Backbone Limited has shown interest in working closely with the Nigeria Customs Service (NCS) to improve digital systems that will help Customs carry out its work more efficiently. The …
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Banking, Finance & InvestmentBusiness and EconomyBusiness InsightsBusiness PoliciesDigital EconomyMarkets
FCMB Group Grows Assets to N7.4tn, Reports N32.2bn Profit in Q1 2025
FCMB Group Plc has recorded strong growth in its banking and non-banking operations, closing the 2024 financial year with total assets of N7.1 trillion. As of March 31, 2025, the …
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BusinessDigital EconomyFinance & ServicesGOVERNMENTNigeriaTechnology
FG Launches National e-Invoicing Committee to Curb Tax Evasion, Boost Revenue
The Federal Government has launched the National Electronic Invoicing Inter-Agency Steering Committee to supervise the introduction of a new digital platform called the Merchant Buyer Solution. This platform is designed …
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Digital EconomyEconomyFinance & Services
SEC warns influencers, bloggers against promoting unregistered schemes
The Securities and Exchange Commission (SEC) has warned Nigerian influencers, bloggers and celebrities to stop promoting unregistered investment platforms, or they will face serious punishment under the new Investments and …
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Digital EconomyEconomyGOVERNMENTNigeriaOil & Gas
Agbakoba: Over-Concentration of Power is Nigeria’s Biggest Challenge to Economic Growth
Dr. Olisa Agbakoba, a respected lawyer and former president of the Nigeria Bar Association (NBA), has warned that Nigeria’s over-centralised governance structure is preventing the country from reaching its full …
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Business InsightsDigital EconomyFinance & ServicesFintech
Remita champions AI adoption to unlock $434m fintech market
Remita, a pioneer in Nigeria’s payment solutions industry, has urged fintech companies to embrace Artificial Intelligence (AI) as a crucial tool for securing their share of the rapidly expanding digital …
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Banking, Finance & InvestmentBusinessDigital EconomyFintech
Raenest seals $11M funding to deepen operations in Nigeria and Kenya
Raenest, a global multi-currency accounts platform, has raised $11 million in Series A funding to expand its operations in Kenya and Nigeria, as well as to enter new markets in …
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Business and EconomyDigital EconomyNigeriaTelecommunicationsWestern Africa
MTN Nigeria Increases Weekly Data Plan to 6GB for N2,500
Telecommunications giant, MTN Nigeria, has adjusted its weekly data plan, increasing the allocation to 6GB for N2,500. This comes as part of the company’s ongoing review of its data offerings …
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Banking, Finance & InvestmentDigital EconomyEconomyFinance & ServicesFintechNigeriaTechnologyWestern Africa
Bankit MFB Uses Games to Teach Nigerians About Money
Bankit Microfinance Bank (MFB), a Pan-African fintech company, is using games to help Nigerians learn about managing money better. The bank believes that by making financial education fun, more people …